Strategy Repurchases Shares While Holding Steady on $65.7 Billion BTC Holdings

Strategy, the treasury company behind Michael Saylor's Bitcoin (BTC) holdings, repurchased $139.3 million worth of its own STRC preferred shares between Sept. 8 and Sept. 13.

The firm funded these purchases using its USD Cash reserve, which stood at $1.3 billion as of Sept. 14, while also holding a $5.1 billion USD Reserve.

Despite acquiring more STRC shares, Strategy's Bitcoin holdings remained unchanged for the second week in a row, with 845,050 BTC ($65.7 billion) still making up more than 4% of the total supply cap.